Tohoku Steel Co (Tohoku Steel Co) Days Sales Outstanding : 54.36 (As of Dec. 2023)

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What is Tohoku Steel Co Days Sales Outstanding?

Tohoku Steel Co's average Accounts Receivable for the three months ended in Dec. 2023 was $21.75 Mil. Tohoku Steel Co's Revenue for the three months ended in Dec. 2023 was $36.50 Mil. Hence, Tohoku Steel Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.36.

The historical rank and industry rank for Tohoku Steel Co's Days Sales Outstanding or its related term are showing as below:

TUSEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.16 Med: 58.89 Max: 70.06
Current: 56.56

During the past 13 years, Tohoku Steel Co's highest Days Sales Outstanding was 70.06. The lowest was 54.16. And the median was 58.89.

TUSEF's Days Sales Outstanding is ranked worse than
57.38% of 596 companies
in the Steel industry
Industry Median: 49.815 vs TUSEF: 56.56

Tohoku Steel Co's Days Sales Outstanding increased from Dec. 2022 (53.24) to Dec. 2023 (54.36).

Tohoku Steel Co Days Sales Outstanding Historical Data

The historical data trend for Tohoku Steel Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tohoku Steel Co Days Sales Outstanding Chart

Tohoku Steel Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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57.98

53.21

61.71

57.55

59.65

Tohoku Steel Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															53.24	55.99	60.04	58.89	54.36

Competitive Comparison of Tohoku Steel Co's Days Sales Outstanding

For the Steel subindustry, Tohoku Steel Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tohoku Steel Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tohoku Steel Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tohoku Steel Co's Days Sales Outstanding falls into.

Tohoku Steel Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Tohoku Steel Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (26.317	+	26.402)	/	2 )	/	161.283	*	365
=	26.3595					/	161.283	*	365
=	59.65

Tohoku Steel Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (21.084	+	22.406)	/	2 )	/	36.502	*	365 / 4
=	21.745					/	36.502	*	365 / 4
=	54.36

Tohoku Steel Co (GREY:TUSEF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Tohoku Steel Co Days Sales Outstanding Related Terms

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Tohoku Steel Co (Tohoku Steel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tohoku Steel Co Ltd (GREY:TUSEF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5484:Japan

Address

23 Nishigaoka, Murata-machi, Shibata-gun, Miyagi, Murata, JPN, 989-1393

Website

http://www.tohokusteel.com

Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.

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